Diamond hits back at MPs over Libor criticisms

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The report accuses Bob Diamond, of being 'unforthcoming and highly selective' in his evidence to ParliamentGetty

Sadie Gray

Last updated at 3:47PM, August 18 2012

A furious Bob Diamond has hit back at MPs’ claims that he was “unforthcoming
and highly selective” in giving evidence to Parliament over the Libor
rigging scandal.

The former Barclays chief executive issued a strongly-worded statement saying
he “categorically refuted” a string of criticisms of both him and the
culture at his bank levelled by the Treasury Select Committee.

Mr Diamond said that he had been particularly stung by the committee’s
assertion that his evidence had fallen well short of the standards expected
by Parliament.

Barclays agreed in June to pay regulators on both sides of the Atlantic a
record